DA Davidson Has Positive Forecast for FIX FY2025 Earnings

Comfort Systems USA, Inc. (NYSE:FIX) – Stock analysts at DA Davidson lifted their FY2025 earnings per share estimates for shares of Comfort Systems USA in a research report issued to clients and investors on Monday, February 24th. DA Davidson analyst B. Thielman now forecasts that the construction company will post earnings per share of $18.41 for the year, up from their previous estimate of $17.00. The consensus estimate for Comfort Systems USA’s current full-year earnings is $16.85 per share. DA Davidson also issued estimates for Comfort Systems USA’s FY2026 earnings at $20.35 EPS.

A number of other analysts have also recently weighed in on the company. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Saturday, February 15th. UBS Group increased their price objective on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a report on Monday, December 9th. Sidoti upgraded Comfort Systems USA from a “neutral” rating to a “buy” rating and set a $552.00 target price for the company in a research note on Monday. Stifel Nicolaus dropped their price target on shares of Comfort Systems USA from $577.00 to $471.00 and set a “buy” rating on the stock in a research note on Monday. Finally, Northcoast Research assumed coverage on shares of Comfort Systems USA in a research report on Friday, November 22nd. They set a “buy” rating and a $525.00 price objective for the company. Six analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $494.60.

Comfort Systems USA Price Performance

Shares of FIX opened at $375.01 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The firm’s fifty day simple moving average is $439.93 and its 200-day simple moving average is $416.50. The firm has a market capitalization of $13.35 billion, a price-to-earnings ratio of 25.67 and a beta of 1.22. Comfort Systems USA has a twelve month low of $272.92 and a twelve month high of $553.09.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.63 by $0.46. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.77 billion.

Institutional Investors Weigh In On Comfort Systems USA

Several large investors have recently modified their holdings of FIX. Consolidated Planning Corp increased its holdings in shares of Comfort Systems USA by 49.0% in the 4th quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company’s stock valued at $2,028,000 after purchasing an additional 1,573 shares in the last quarter. Diversified Trust Co purchased a new position in Comfort Systems USA during the fourth quarter worth $2,998,000. Zacks Investment Management raised its holdings in shares of Comfort Systems USA by 26.2% in the third quarter. Zacks Investment Management now owns 8,650 shares of the construction company’s stock worth $3,376,000 after acquiring an additional 1,795 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of Comfort Systems USA in the third quarter valued at $1,484,000. Finally, WCM Investment Management LLC boosted its stake in shares of Comfort Systems USA by 16.5% during the third quarter. WCM Investment Management LLC now owns 99,553 shares of the construction company’s stock valued at $38,833,000 after acquiring an additional 14,090 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be paid a $0.40 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Monday, March 10th. Comfort Systems USA’s dividend payout ratio (DPR) is 10.95%.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.